Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.19.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 77,717 $ 289,345
Fees receivable, net 71,632 68,004
Prepaid expenses and other current assets 40,046 23,557
Total current assets 189,395 380,906
Property and equipment, net 51,016 44,991
Internally developed software, net 48,059 38,209
Intangible assets, net 509,159 305,241
Goodwill 908,686 519,102
Operating lease right-of-use assets, net 72,191  
Other non-current assets 33,834 25,298
Total assets 1,812,340 1,313,747
Current liabilities:    
Accrued expenses and other liabilities 118,608 133,298
Accounts payable 15,165 19,567
Operating lease liabilities 12,918  
Convertible Notes due 2019 169,182 165,711
Contingent consideration 0 732
Deferred revenue 37,601 23,988
Total current liabilities 353,474 343,296
Convertible Notes due 2023 300,078 294,725
Revolving credit facility 145,000 0
Contingent consideration 16,423 0
Deferred revenue 6,659 6,910
Non-current operating lease liabilities 77,431  
Deferred rent and lease incentive   17,569
Deferred tax liabilities, net 31,292 640
Other non-current liabilities 28,193 18,005
Total liabilities 958,550 681,145
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, par value $0.005, 50,000,000 shares authorized 0 0
Common stock, par value $0.005, 500,000,000 shares authorized; 65,415,670 and 61,238,898 shares issued as of June 30, 2019 and December 31, 2018, respectively; 52,070,156 and 48,121,800 shares outstanding as of June 30, 2019 and December 31, 2018, respectively 327 306
Additional paid-in capital 1,015,578 761,128
Accumulated deficit (76,174) (58,882)
Treasury stock at cost, 13,345,514 and 13,117,098 shares as of June 30, 2019 and December 31, 2018, respectively (83,820) (67,858)
Accumulated other comprehensive loss (660) (994)
Total stockholders’ equity 855,251 633,700
Non-controlling interest (1,461) (1,098)
Total equity 853,790 632,602
Total liabilities and equity $ 1,812,340 $ 1,313,747